Debt Waiver Agreement
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- Waiver Agreements
EX-10.32 5 v240395_ex10-32.htm EXHIBIT 10.32
Debt Waiver Agreement
Party A: LI, FU-CHANG
Party B: Henan Law Anhou Insurance Agency Co., Ltd.
Party A continually loan to Party B for the purpose of operation and development of Party B with a grand total of RMB:6,210,250 as of March, 31, 2011. Due to the subsequent merger of enterprises, and through friendly consultation by both Parties, Party A and Party B reach following agreements:
1. | Party A hereby covenant to waive his claim to the creditor's rights; |
2. | Debt Waiver hereof is unpaid and without consideration, Party A shall not ask for any price or cost from Party B; |
3. | This Debt Waiver Agreement has obtained all authorizations and approvals by both party and relevant internal authority. |
Party A: LI, FU-CHANG (Signed by): | Party B (Sealed by): Henan Law Anhou Insurance Agency Co., Ltd. (Sealed by): |
Date: March 31st, 2011 | Date: March 31st, 2011 |